Deals in brief

OEP scoops up IT services firm Yorktel

Guggenheim Securities, LLC served as financial advisor to Yorktel.

Patient Square Capital backs health tech firm CorroHealth

CorroHealth's current backers Carlyle, TT Capital Partners, Sanaka Group, and CorroHealth management, will remain investors, with Patient Square and Carlyle sharing joint control of CorroHealth.

Recognize-backed Egen snaps up computer support and services firm Qarik

Headquartered in Naperville, Illinois, Egan is a technology services company.

LMP invests in wealth management firm Americana Partners

Americana’s leadership team and employees will continue to be significant owners of the business.

Stone Mountain Ventures gathers $5m for sophomore fund

Fund II will back early-stage, capital-efficient companies across North America.

Javelin Venture Partners nabs $125m for fifth tech fund

Javelin Venture Partners V will invest in approximately 20 to 25 companies, with initial investments ranging from $500 thousand to $4 million, typically in late seed or early Series A rounds.

WestBridge takes majority stake in Causeway Securities

Causeway is an international distributor of structured products.

Ironbridge Equity Partners exits Power Precast Solutions

Power Precast is a provider of precast concrete products for civil infrastructure projects.

Mutares buys SMA Metalltechnik as add-on for SFC Group

SMA Metalltechnik develops and manufactures highly impermeable aluminium pipes.

Snow Peak Capital acquires MRO services provider TurbineAero

The seller was The Gores Group.